Richard A. Montoni Sells 10,000 Shares of Maximus, Inc. (MMS) Stock
Maximus, Inc. (NYSE:MMS) CEO Richard A. Montoni sold 10,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 5th. The stock was sold at an average price of $69.04, for a total transaction of $690,400.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.
Shares of Maximus, Inc. (MMS) traded up $0.66 during trading on Thursday, hitting $70.14. 400,052 shares of the company traded hands, compared to its average volume of 358,788. The company has a market cap of $4,481.40, a price-to-earnings ratio of 22.12, a price-to-earnings-growth ratio of 2.58 and a beta of 1.35. Maximus, Inc. has a 52 week low of $51.74 and a 52 week high of $70.43.
The company also recently disclosed a quarterly dividend, which was paid on Thursday, November 30th. Investors of record on Wednesday, November 15th were given a dividend of $0.045 per share. This represents a $0.18 annualized dividend and a yield of 0.26%. The ex-dividend date was Tuesday, November 14th. Maximus’s dividend payout ratio (DPR) is 5.66%.
A number of hedge funds have recently made changes to their positions in MMS. Acrospire Investment Management LLC boosted its holdings in shares of Maximus by 17.6% during the 2nd quarter. Acrospire Investment Management LLC now owns 2,000 shares of the health services provider’s stock valued at $125,000 after acquiring an additional 300 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its holdings in shares of Maximus by 10.2% during the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 2,367 shares of the health services provider’s stock valued at $148,000 after acquiring an additional 220 shares during the last quarter. Intl Fcstone Inc. purchased a new stake in shares of Maximus during the 2nd quarter valued at about $201,000. GW Henssler & Associates Ltd. purchased a new stake in shares of Maximus during the 2nd quarter valued at about $205,000. Finally, OLD National Bancorp IN purchased a new stake in shares of Maximus during the 3rd quarter valued at about $246,000. 94.82% of the stock is currently owned by institutional investors.
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Maximus Company Profile
MAXIMUS, Inc provides business process services (BPS) to government health and human services agencies. The Company operates through three segments: U.S. Federal Services, Health Services and Human Services. The U.S. Federal Services segment provides BPS and program management for large government programs, independent health review and appeals services for both the United States Federal Government, and state-based programs and technology solutions for civilian federal programs.
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